finance

Data analytics in social media marketing campaigns

Advertisements IN today’s digital age, data analytics has become an essential component of effective social media marketing. By leveraging the vast amounts of data generated through interactions, trends, and user behaviours on social platforms, brands can tailor their marketing strategies to be more targeted, personalised, and impactful. However, with great power comes great responsibility. The…

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CBZ wraps up restructuring exercise

Advertisements CBZ Holdings Limited (CBZ) says it has completed the second and final phase of the restructuring exercise which began last year following major acquisitions by the group.During the first phase, 13 senior executives were placed on garden leave with mutual termination of their contracts executed by December 31, 2024 before the second phase executed…

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TAX MATRIX: Taxation of bookmakers, betting punters

Advertisements By Marvelous Tapera THE introduction of new tax provisions under the Finance Act (No. 2 of 2024) marks a significant shift in the way Zimbabwe handles the taxation of its growing betting industry. The provisions, which impose taxes on both bookmakers and betting punters, reflect a broader trend of governments worldwide increasing their focus…

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Willdale plant upgrade enhances competitiveness

Advertisements WILLDALE is optimistic about securing funding for the upgrade of its production plant, aimed at enhancing its competitiveness, particularly in the common brick market.The firm, however, did not indicate how much it seeks to raise from financiers to complete the upgrades needed to modernize its operations.The brick-making industry is also battling “unfair” competition from…

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Kavango seeks $8,17 million

Advertisements KAVANGO Resources plans to raise £6,56 million (US$8,17 million) through the issuance of 93,02 million new shares at £0,007 each, with a focus on its projects in Botswana’s Kalahari Copper Belt (KCB) and the Hillside and Nara projects in Zimbabwe.The company is actively developing key projects in Botswana, particularly the KCB, where it has…

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Unifreight optimistic about growth

Advertisements UNIFREIGHT Africa expects its Fourth-Party Logistics (4PL) division to drive business growth in the short-term.The chief executive, Richard Clarke, cited improved fleet management, cross-border operations, and the expansion of its 4PL unit as key drivers.“Looking ahead, Unifreight Africa is well-positioned to deliver commendable end-of-year results, supported by continued growth in cross-border operations and increased…

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